NEW YORK, March 28 (Reuters) - U.S. stocks climbed on
Friday, with all 10 major S&P 500 sectors gaining in a broad
rally after comments from a Chinese official indicated that the
country's government was ready to take steps to support its
slowing economy.

With the day's gain, the Dow turned positive for the week
and the S&P sharply cut its weekly losses and returned to
solidly positive territory for 2014. The Nasdaq, however,
remained on track for a negative week following an extended
period of investors taking profits in some of the market's
biggest outperformers.

China's Premier Li Keqiang said the government had the
necessary accommodative policies in place and would push ahead
with infrastructure investment. "We cannot neglect the
increasing downward pressure and difficulties," he said in a
speech on Wednesday, reported by the Xinhua news agency early on
Friday.

The prospect of slowing growth in China, the world's
second-largest economy, has long been a market headwind. Recent
data has pointed to the weakest growth there since the global
financial crisis, raising hopes that Beijing would step in with
support for the economy.
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